Tessco Technologies Inc
TESS
TESS was delisted on the 14th of July, 2023.
50 hedge funds and large institutions have $77.3M invested in Tessco Technologies Inc in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
28% more capital invested
Capital invested by funds: $60.4M → $77.3M (+$16.9M)
9% more funds holding
Funds holding: 46 → 50 (+4)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$680K |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$471K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$360K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$237K |
| 5 |
Barclays
London,
United Kingdom
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.42M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.36M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$427K |
| 4 |
AG
Algert Global
San Francisco,
California
|
-$349K |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$197K |
TESS Hedge Fund Activity: Q1 2019 in Review
50 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Tessco Technologies Inc (TESS) for Q1 2019, worth a combined $77.3M — up 28% from $60.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TESS positions and 5 closed out — a net gain of 4 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $680K. The largest seller was Putnam Investments, cutting an estimated $1.42M.
- 50 institutional investors held Tessco Technologies Inc (TESS) as of Q1 2019, up from 46 in Q4 2018.
- Funds reported $77.3M of Tessco Technologies Inc stock for Q1 2019, up 28% quarter-over-quarter.
- 9 funds opened new Tessco Technologies Inc positions in Q1 2019 and 5 closed out, a net change of +4 holders.
- The largest Tessco Technologies Inc buyer in Q1 2019 was Bridgeway Capital Management, an estimated $680K added.
- The largest Tessco Technologies Inc seller in Q1 2019 was Putnam Investments, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2019.